Giyani Announces Demonstration Plant Update
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Giyani Announces Demonstration Plant Update
TORONTO, April 25, 202 3 -- Giyani Metals Corp. (TSXV: EMM, GR: A2DUU8) (" Giyani" or the
"Company"), the developer of the K.Hill battery-grade manganese project in Botswana ( “K.Hill” or the
“Project”), is pleased to provide a progress update on the K.Hill demonstration plant (“Demo Plant”) being
constructed in Johannesburg.
Highlights
• Delivery of 100 tonne (“t") of sample manganese oxide feedstock from K.Hill to the Demo Plant site
in Johannesburg.
• Completed fabrication of the crystallization unit, which is now awaiting transportation to the Demo
Plant site.
• Ongoing delivery and installation of Demo Plant equipment continues at site.
Last month, t he Botswana Department of Mines (“ DoM”) approved the shipment of 100 t of K.Hill
manganese oxide material to the Demo Plant site to provide representative feedstock for the processing
and production of high purity manganese sulphate monohydrate (“ HPMSM”) for qualification by potential
off-takers. The 100t subsample was selected from over 200t of material collected from three outcrops
around the K.Hill resource, and this subsample was crushed and packed into one-tonne bags and delivered
to the Demo Plant.
During the operation of the Demo Plant, Giyani ’s specialist hydrometallurgical consultants will select
samples of K.Hill material based on geochemical characteristics to replicate the variability expected to be
encountered during commercial production. Demonstrating how the Company’s low carbon proces s can
adapt to the variability of K.Hill material and produce consistent battery -grade HPMSM will be critical in
qualifying the Company’s product with potential off-takers.
Additionally, the fabrication of the crystallization unit for the Demo Plant has been completed, and the unit
is shortly expected to be transported to the Demo Plant site , where the filter presses have already been
delivered. The unit, and all additional components, have been constructed on skids so that the Demo Plant
may later be relocated to Botswana.
Further fabrication and delivery of key equipment will be completed over the coming months and the Demo
Plant, when built and commissioned, will have the capacity to produce up to 600kg per day of HPMSM
crystals.
Danny Keating, President and CEO of the Company, commented:
“We continue to achieve milestones in our development of the Demo Plant and securing the requisite
feedstock samples is an important step. This also demonstrates the strong in-country support for the Project
and we are grateful to the Botswana Department of Mines for allowing us to export such a large sample of
K.Hill material.
The successful development of the Demo Plant and delivery of samples of our low carbon HPMSM to off-
takers will cement our position as an early mover in the battery-grade manganese market.”
About Giyani
Giyani’s mission is to become a sustainable, low carbon producer of battery materials for the electric vehicle
(“EV”) industry. The Company has developed a hydrometallurgical process to produce high-purity
manganese sulphate monohydrate, a lithium-ion battery cathode precursor material critical for EVs, directly
from ore from its manganese oxide deposits in Botswana, wholly-owned by its Botswana subsidiary Menzi
Battery Metals (Pty) Limited. The Company’s assets include K.Hill and the Otse and Lobatse manganese
prospects, each of which has seen historical mining activities.
Qualified Persons / NI 43-101 Disclosures
Mr. Jacques du Toit CEng. PrEng. MscEng. PMP is a qualified person, as defined by National Instrument
43-101. Mr. du Toit is the Company’s VP, Technical Services and has reviewed and approved the
scientific and technical content contained in this press release but is not independent for the purposes of
NI 43-101.
On behalf of the Board of Directors of Giyani Metals Corp.
Danny Keating, President and CEO
Contact:
Jonathan Henry
Executive Chair
+44 7798 801 783
Danny Keating
President & Chief Executive Officer
George Donne
VP Business Development
+44 7866 591 897
Neither the TSX Venture Exchange (the "TSXV") nor its Regulation Services Provider (as that term is
defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
The securities described herein have not been registered under the United States Securities Act of 1933,
as amended (the "U.S. Securities Act"), or any state securities laws, and accordingly , may not be offered
or sold to, or for the account or benefit of, persons in the United States or "U.S. persons," as such term is
defined in Regulation S promulgated under the U.S. Securities Act ("U.S. Persons"), except in compliance
with the registration requirements of the U.S. Securities Act and applicable state securities requirements or
pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation of
an offer to buy any of the Company's securities to, or for the account of benefit of, persons in the United
States or U.S. Persons.
Forward Looking Information
This press release contains "forward -looking information" within the meaning of applicable Canadian
securities legislation. All statements in this news release, other than statements of historical fact, that
address events or developments that Giyani expects to occur, are "forward-looking statements". Forward-
looking statements are statements that are not historical facts and are generally, but not always, identified
by the words "expects", "does not expect", "plans", "anticipates", "does not anticipate", "believes", "intends",
"estimates", "projects", "potential", "scheduled", "forecast", "budget" and similar expressions, or that events
or conditions "will", "would", "may", "could", "should" or "might" occur.
All such forward-looking statements are based on the opinions and estimates of the relevant management
as of the date such statements are made and are subject to certain assumptions, important risk factors and
uncertainties, many of which are beyond Giyani 's ability to control or predict. Forward -looking statements
are necessarily based on estimates and assumptions that are inherently subject to known and unknown
risks, uncertainties and other factors that may cause actual results, level of activity, perfor mance or
achievements to be materially different from those expressed or implied by such forward -looking
statements. In the case of Giyani, these facts include their anticipated operations in future periods, planned
exploration and development of its properties, and plans related to its business and other matters that may
occur in the future. This information relates to analyses and other information that is based on expectations
of future performance and planned work programs.
Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other
factors which could cause actual events or results to differ from those expressed or implied by the forward-
looking information, including, without limitation: inherent exploration hazards and risks; risks related to
exploration and development of natural resource properties; uncertainty in Giyani's ability to obtain funding;
commodity price fluctuations; recent market events and conditions; risks related to the uncertainty of
mineral resource calculations and the inclusion of inferred mineral resources in economic estimation; risks
in how the world-wide economic and social impact of COVID-19 is managed; risks related to governmental
regulations; risks related to obtaining necessary licences and permits; risks related to their business being
subject to environmental laws and regulations; risks related to their mineral properties being subject to prior
unregistered agreements, transfers, or claims and other defects in title; risks rela ting to competition from
larger companies with greater financial and technical resources; risks relating to the inability to meet
financial obligations under agreements to which they are a party; ability to recruit and retain qualified
personnel; and risks related to their directors and officers becoming associated with other natural resource
companies which may give rise to conflicts of interests. This list is not exhaustive of the factors that may
affect Giyani's forward-looking information. Should one or more of these risks and uncertainties materialize,
or should underlying assumptions prove incorrect, actual results may vary materially from those described
in the forward-looking information or statements.
Giyani's forward-looking information is based on the reasonable beliefs, expectations and opinions of their
respective management on the date the statements are made, and Giyani does not assume any obligation
to update forward looking information if circumstances or management's beliefs, expectations or opinions
change, except as required by law. For the reasons set forth above, investors should not place undue
reliance on forward -looking information. For a complete discussion with respect to Giyani and risks
associated with forward-looking information and forward-looking statements, please refer to Giyani's Annual
Information Form, all of which are filed on SEDAR at www.sedar.com.